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Showing posts from May, 2024

Utkarsh Small Finance Bank continues to expand its presence! Launches its 900th Banking Outlet. At Khunti, Ranchi, Jharkhand.

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Highlights: Yet another milestone achieved with the launch of its 900th banking outlet at Khunti, Ranchi, Jharkhand Opened 7 banking outlets today across Bihar, Jharkhand and Uttar Pradesh Extending banking facilities including micro banking loan facilities through the JLG model, to low-income individuals in these regions Offering a range of financial products and services to support residents and entrepreneurs in their financial growth Mumbai: Utkarsh Small Finance Bank Limited (Utkarsh SFBL) proudly announces the inauguration of 900th outlet of the Bank at Khunti, Ranchi, Jharkhand. This milestone is part of a broader expansion, which includes 7 new outlets launched today across Bihar,Jharkhand and UttarPradesh. With this, the Bank now operates 81 banking outlets in Jharkhand and a total of 903 outlets nationwide. Customers in Khunti, Ranchi will now have access to a wide range of the Bank’s products and services. These include savings accounts, current accounts, fixed deposits, recu...

DHN Forum Mumbai Highlighted Innovation, Scalibity & Investment as 3 Pillars of Digital Health Transformation

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Mumbai, 31 May 2024* : The DHN Forum Mumbai has concluded on the promising lines of empowering the regional health ecosystem, with discussions centered on digital transformation, innovation, and collaboration among healthcare stakeholders. Digital Health News (DHN), the leading force behind India's digital health transformation, has launched the DHN Forum during a conference held at the prestigious Taj Lands End, Mumbai, aimed to come up with different signature events in different cities and accelerate India's journey towards a digitally empowered healthcare landscape. The primary goal of establishing the DHN Forum is to bring together all the regional healthcare ecosystems, creating a platform for collaboration among health tech startups, pharmaceutical companies, med tech firms, and hospitals. This forum aims to foster discussions on achieving digital health transformation within their respective organizations. Ultimately, the objective is to make healthcare accessible and r...

This World No Tobacco Day 2024, P. D. Hinduja Hospital & Medical Research Centre Sheds Light on the Impact of Tobacco Consumption on People and Planet

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Mumbai, 30th May 2024: The detrimental effects of tobacco consumption extend beyond individual health, impacting the environment and society at large. In a poignant initiative to mark World No Tobacco Day 2024, P. D. Hinduja Hospital & Medical Research Centre created a striking installation featuring several four-foot-tall cigarettes hanging from trees by nooses. This symbolizes the pervasive impact of tobacco use on people and the environment. P.D. Hinduja Hospital seeks to create awareness and educate the public about the urgent need to quit tobacco and advocate for a healthier life and safe environment. According to the WHO, India is the second-largest consumer and producer of tobacco with over 270 million active users and faces significant repercussions from tobacco consumption. Annually, 1.35 million Indian lives are lost due to this habit.  Moreover, the tobacco industry's global footprint includes generating over 170,000 tons of waste and deforesting 600 million trees . ...

Kronox Lab Sciences Limited’s Initial Public Offering to open on Monday, June 3, 2024, price band set at ₹129/- to ₹136/- per Equity Share

• Price Band of ₹129/- – ₹136/- per equity share bearing face value of ₹10/- each (“Equity Shares”) • Bid/Offer Opening Date – Monday, June 3, 2024 and Bid/Offer Closing Date – Wednesday, June 5, 2024. • Minimum Bid Lot is 110 Equity Shares and in multiples of 110 Equity Shares thereafter. • The Floor Price is 12.90 times the face value of the Equity Share and the Cap Price is 13.60 times the face value of the Equity Share Risks to Investors     Mumbai, May 29, 2024: Vadodara based Kronox Lab Sciences (“Kronox” or “Company”), manufacturer of high-purity speciality fine chemicals, has fixed the price band of ₹129 to ₹136 per Equity Share of face value ₹10 each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of Equity Shares of the Company will open on Monday, June 3, 2024, for subscription and close on Wednesday, June 5, 2024. Investors can bid for a minimum of 110 Equity Shares and in multiples of 110 Equity Shares thereafter. The pu...

Indian buyers encouraged to Invest in Greece in a Mediterranean Home and obtain Permanent Residency in Europe, at an affordable INR 2. 5 Cr before the regulations change on August 31

The much vied-for Greece Golden Visa, (Permanent Residency) is currently one of the most affordable residency programmes in Europe and across the world, that provides global high-net worth individuals (with family) and investors a permanent home in Europe along with ‘ visa-free travel across Europe’. Free health and education as well as the freedom to set up a business in the county are among other benefits of the PR This entry price investment is set to double in cost to a minimum of €400,000 from the current €250,000 starting September.  Indians, who’ve always dreamt of buying a holiday home in Greece, can avoid the impending price increase by taking prompt action and advancing their property purchases with Leptos Estates before August 31 in exotic locations such as Paros, Crete, and Santorini  Mumbai: May 30, 2024: Owning a dream holiday home in Greece as well as a Golden Visa with Permanent Residency, is set to become more expensive for all from August 31, 2024. In Septemb...

RECPDCL Hands Over Khavda IV-E2 Power Transmission Ltd to Power Grid and NERES XVI Power Transmission Ltd to Techno Electric

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Gurugram, 30th May: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles) on 30th May 2024, namely, Khavda IV-E2 Power Transmission Limited and NERES XVI Power Transmission Limited formed for the implementation of Inter-State Transmission Schemes of Ministry of Power for “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase- IV(7 GW): Part E2” and “North Eastern Region Expansion Scheme-XVI (NERES-XVI)” respectively’.  M/s Power Grid Corporation of India Limited emerged as the successful bidder with respect to the ISTS scheme “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase- IV (7 GW): Part E2” and M/s Techno Electric & Engineering Company Limited was selected as the successful bidder for the “North Eastern Region Expansion Scheme-XVI (...

Avneet Kaur Mesmerizes and Shines in the Poster of Her Upcoming Film; We Can't Wait to see her

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Finally, the secret is out. A few days ago, Avneet posted a hint about a new collaboration that caused a lot of buzz in the industry. Avneet Kaur shares a glimpse of her upcoming film, Luv Ki Arrange Marriage. Avneet Kaur, the talented and charming actress, has once again captivated her fans with the poster of her upcoming film, leaving everyone eagerly anticipating its release. Known for her versatility and natural charisma, Avneet Kaur has been winning hearts with her performances, and the poster of her upcoming film is no exception. Her enigmatic gaze and confident demeanor in the poster have already sparked a buzz among her fans.  Sharing the poster of her film, she wrote, "Here’s the Major Reveal📢 Band, baja, baarat aur parivaar! 🥁🎺This wedding season, get ready to experience the confusion! 💐 #LuvKiArrangeMarriage coming soon, only on #ZEE5." Watch her post here- https://www.instagram.com/p/C7lUeCryy8_/?igsh=cnRjOWl4NnFmdGth Avneet Kaur's ability to mesmerize and...

Innova Captab Limited reported a strong set of numbers for FY 24 with Revenue from Operations at ₹1,081.31 crore and Profit After Tax at ₹ 94.35 crore

Mumbai: 29th May 2024: Innova Captab Limited (BSE: 544067, NSE: INNOVACAP)  is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports has announced its financial results for the last quarter and full year ended March 31st, 2024 Financial Performance: FY24 v/s FY23 • Total Income for the FY 24 stood at ₹ 1,093.79 Crore against ₹ 935.58 Crore in FY 23 with growth of 16.9% over FY 23. • Revenue from Operation has increased to ₹ 1,081.31 Crore in FY 24 from ₹ 926.38 Crore in FY 23, registering a growth of 16.7%. • The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands at ₹ 166.94 Crore in FY24, as against ₹ 122.85 Crore in FY 23, with an increase of 35.9%. • Profit After Tax (PAT) is ₹ 94.35 Crore in FY 24 as against ₹ 67.95 Crore in FY 23, registering a growth of 38.9%. • Earnings per share (EPS) for FY 24 is ₹ 18.66, ag...

Zoya Gin Wins ‘Campaign Innovator of the Year’ at ICONS OF GIN INDIA 2024 Awards and ‘New Product of the Year’ at Ambrosia Awards, INDSPIRIT 2024

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  Allied Blenders and Distillers Limited (“ABDL”) tastes success with back-to-back wins at Icons of Gin India 2024 Awards and Ambrosia Awards, INDSPIRIT 2024  Mumbai, 27th  May 2024:  Zoya Special Batch Premium Gin (“Zoya Gin”) from Allied Blenders and Distillers Limited (“ABDL”) has won the ‘Campaign Innovator of the Year Award’ at the ‘ICONS OF GIN INDIA 2024’. The award recognizes ABDL's launch campaign for Zoya Gin with “Live, Love, Rejoice” and its “Zoya Tales” original cocktail programme.  The ICONS OF GIN INDIA award follows ABDL's win for the New Product of the Year for Zoya Special Batch Premium Gin at the Ambrosia Awards, INDSPIRIT 2024.  Bikram Basu, Chief Strategy & Marketing Officer, ABDL, remarked, "Our wins with Zoya Special Batch Premium Gin at ICONS OF GIN INDIA 2024 and Ambrosia Awards, INDSPIRIT 2024, after launching in January 2024, underscore ABDL's dedication to producing contemporary brands that appeal to consumer tastes and prefe...

For the future of Indian girls, leading singers Shreya Ghoshal & Sunidhi Chauhan sing India’s own Period Song, in partnership with Whisper

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The world-renowned singers have joined Whisper to help Keep Girls in School via spreading the message of ‘Period ka Matlab, Healthy Hain Aap’  Mumbai: May 28, 2024 – Whisper, India’s leading feminine-care brand from Procter & Gamble, has created history by launching the nation’s own Period Song, with India’s biggest voices – Shreya Ghoshal and Sunidhi Chauhan. Both the musicians created their own versions of the ‘Period Song, launching it today on World Menstrual Hygiene Day.  Whisper has provided period education to over 100 million girls and women till date and are shining the spotlight on the early onset of menstruation among young girls in the fifth edition of its popular Keep Girls in School movement. Through this catchy tune with very relevant, educative lyrics for young minds, the intent is to get every Indian to sing it and believe – Periods is a sign of being healthy. Shreya Ghoshal and Sunidhi Chauhan created their own version of the period song, through which th...

REC wins ‘Sustainability Champion – Editor’s Choice Award’ at the Outlook Planet Sustainability Summit & Awards 2024

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Gurugram, 28 May 2024:  REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the ‘Sustainability Champion – Editor’s Choice Award’ at the ‘Outlook Planet Sustainability Summit & Awards 2024’. The Award ceremony was organised by Outlook Group, in collaboration with IIT Goa. Smt. Saraswathi, Senior General Manager, REC’s Mumbai Office, received the award at an event held in Goa. This award recognizes REC’s commitment to sustainability initiatives and its efforts in driving progress towards a greener future. The award highlights the corporation’s pledge to sustainability initiatives, leading the path toward a greener future. REC has been a front-runner in catalyzing India's energy transition. Its plans are intricately aligned with the global thrust towards clean energy sources, and the company remains committed to being the leading financier of India’s energy transition. REC is geared to invest significantly in sustainability initiati...

Suhana Khan, Shanaya Kapoor, Tamannaah Bhatia, Shraddha Kapoor, and Others Show Social Media Love for Ananya Panday’s Upcoming Series Call Me Bae!

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Ananya Panday is set to make her long-format series debut in Prime Video’s highly anticipated Hindi Original, Call Me Bae, premiering worldwide on September 6. The streaming service recently amped up the excitement by unveiling a stunning new poster of Ananya as Bella 'Bae' Chowdhary, exuding glamour while poised atop a luxurious suitcase. The reveal sent social media into a frenzy, with fans and Bollywood stars showering the poster with love. From her BFFs Suhana Khan, Orry and Shanaya Kapoor to celebrities like Ibrahim Ali Khan, Tamannaah Bhatia, Shraddha Kapoor, Harman Singha, Guneet Monga, Deanne Panday, Kayoze Irani, Vasan Bala, Nakul Mehta, Pulkit Samrat, Karishma Tanna, Rasika Dugal, and Khushi Kapoor, all praised Ananya's striking look and expressed their excitement for the upcoming series. Call Me Bae is the story of Bae, who is downsized from heiress to hustler and navigates her journey in Mumbai’s newsroom. Created by Ishita Moitra and directed by Collin D’Cunha,...

Konkan folktale finds new life in Maddock Films’ latest horror-comedy ‘Munjya’

Writer-director duo Niren Bhatt and Amar Kaushik, the minds behind the chilling hits ‘Stree’ and ‘Bhediya,’ are bringing a new horror comedy to life - ‘Munjya.’ This film draws inspiration from a popular Konkan folktale about a mischievous spirit called "Munjya," said to haunt peepal trees. The story centers around the restless spirit of a man who died unmarried before a specific ceremony, "Sod Munja." Bhatt explains, "In a man's life, there are traditionally considered to be four stages: Brahmacharya (student), Grihastha (householder), Vanaprastha (retirement), and Sannyasa (renunciation). The Upanayan or Thread Ceremony, known as Munja in Marathi, marks the initiation of a child into the student phase. Sod Munja is another ceremony, usually performed as part of marriage rituals, signifying the end of the student phase and the beginning of the Grihastha phase. If a man dies unmarried after his munja has been performed but before his Sod Munja, he becomes a...

Ericsson tops Frost Radar™ 5G network infrastructure market ranking for fourth year running

 For the fourth consecutive year, Ericsson has been ranked as the leader in the Frost Radar™ 5G Network Infrastructure Market 2024 analysis, highlighting the impact of the company’s strategy to meet the evolving needs of communications service providers (CSPs). Maintaining top ranking in the Frost Radar™ report over the past years has shown that Ericsson’s investments in R&D and across a wide product portfolio – which includes all areas of 5G network infrastructure as well as previous generations of network infrastructure – is valued in a market where technology is constantly evolving.  The report has also acknowledged Ericsson’s sustained focus on offering the latest and lightest energy-saving products and solutions. It also touched on the company’s Open RAN plans. Fredrik Jejdling, Executive Vice President and Head of Networks at Ericsson, says: “The latest Frost Radar report highlights our unwavering commitment to innovation and technology leadership through the most co...

Aimtron Electronics Limited’s SME Initial Public Offering to open on Thursday, May 30, 2024, price band set at ₹153/- to ₹161/- per Equity Share

• Price Band of ₹153/- – ₹161/- per equity share bearing face value of ₹10/- each (“Equity Shares”) • Bid/Offer Opening Date – Thursday, May 30, 2024 and Bid/Offer Closing Date – Monday, June 03, 2024. • Minimum Bid Lot is 800 Equity Shares and in multiples of 800 Equity Shares thereafter. • The Floor Price is 15.3 times the face value of the Equity Share and the Cap Price is 16.1 times the face value of the Equity Share Mumbai, Tuesday, 28 May 2024: Aimtron Electronics Limited (“Company”) is engaged in the business of providing products and solutions towards ESDM services with a focus on high value precision engineering products, has fixed the price band of ₹153/- to ₹161/- per Equity Share of face value ₹10/- each for its maiden initial public offer.  The public issue is entirely a fresh issue of 5.40 million equity shares with no offer-for-sale (OFS) component. The Company, in consultation with the BRLM, has allotted a pre-IPO placement of 4,64,000 equity shares by way o...

Konkona Sen Sharma joins the P&G Shiksha movement to #StandUpForLearningGap in a child’s education

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  P&G Shiksha launches a nationwide movement to spotlight the learning gaps, through a power-packed panel Since its launch in 2005, P&G Shiksha has continued to make holistic educational interventions, impacting over 45 lakh children across the country. Mumbai, May 27, 2024:  P&G Shiksha, the flagship CSR program of P&G India  launched its new campaign - #StandUpForLearningGaps, to spotlight the issue of learning gaps in children, which affects over 6 crore children in the country as per National Achievement Survey 2021. While access to education has improved significantly, ensuring quality learning outcomes remains a challenge. A thought-provoking panel discussion highlighted the impact of these learning gaps on children who perpetually keep trying to cope, and often face mockery or ridicule owing to lack of public understanding on learning gaps. The engaging panel discussion centred around the theme #StandUpForLearningGap, moderated by Priyanka Khanna, A...